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System: ForexSmartProfit

Description: Forex Smart Profit uses multiple trading strategies: scalping, trend and breakout; both, automated and manual trading.
It is designed to work on long term with minimum draw dawn.

Type of Trading: Real

Broker: IC Markets

Started: Sep 05, 2013

Views: 58

Tracking: 3 users

Currency Pairs: EURAUD, EURCAD, EURCHF, EURGBP, EURUSD, GBPCHF, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY[/one_half]

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[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Essentials: The ForexSmartProfit system has made 2176 trades with an average winning trade of 10.16 pips / $3.20, the average losing trade around -13.54 pips / -$4.96 and an average trade length of 2h 56m.

The best trade it ever had was (Nov 07) 65.9 in pips and the worst trade was (Sep 11) -150.3 in pips.

It has won (691/959) 72% of its attempted buys and (773/1217) 63% of its attempted sells.[/quote]

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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average stop loss is less than 50 pips which is reasonable.,Drawdown has been kept under 30% which is good.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Average win under 10 pips so its most likely a scalper that will be very broker sensitive.,

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